Hawkins Inc. Files DEF 14A for FY24

TL;DR

Hawkins Inc. DEF 14A out - exec comp details for FY24.

AI Summary

Hawkins Inc. filed its DEF 14A on June 20, 2024, detailing executive compensation and corporate governance for the fiscal year ending March 31, 2024. The filing includes information on stock awards, changes in the fair value of awards, and deductions related to compensation. Hawkins Inc. is based in Roseville, MN, and operates in the wholesale chemicals and allied products sector.

Why It Matters

This filing provides shareholders with crucial information regarding executive pay and company governance, impacting investor confidence and decision-making.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) providing standard corporate disclosures, not indicating new or unusual risks.

Key Players & Entities

• HAWKINS INC (company) — Filer
• 20240620 (date) — Filing Date
• 20240331 (date) — Fiscal Year End
• Roseville, MN (location) — Company Address

FAQ

Filing Documents

• hwkn-20240619.htm (DEF 14A) — 617KB
• hwkn-20240619_g1.jpg (GRAPHIC) — 25KB
• hwkn-20240619_g2.jpg (GRAPHIC) — 6KB
• hwkn-20240619_g3.jpg (GRAPHIC) — 33KB
• hwkn-20240619_g4.jpg (GRAPHIC) — 95KB
• hwkn-20240619_g5.jpg (GRAPHIC) — 111KB
• hwkn-20240619_g6.jpg (GRAPHIC) — 100KB
• hwkn-20240619_g7.jpg (GRAPHIC) — 111KB
• hwkn-20240619_g8.jpg (GRAPHIC) — 108KB
• hwkn-20240619_g9.jpg (GRAPHIC) — 172KB
• hwkn-20240619_g10.jpg (GRAPHIC) — 43KB
• hwkn-20240619_g11.jpg (GRAPHIC) — 141KB
• 0000046250-24-000015.txt ( ) — 3373KB
• hwkn-20240619.xsd (EX-101.SCH) — 4KB
• hwkn-20240619_def.xml (EX-101.DEF) — 6KB
• hwkn-20240619_lab.xml (EX-101.LAB) — 10KB
• hwkn-20240619_pre.xml (EX-101.PRE) — 5KB
• hwkn-20240619_htm.xml (XML) — 18KB

Security Ownership of Management and Beneficial Ownership 35

Security Ownership of Management and Beneficial Ownership 35 Delinquent Section 16(a) Reports 36 Related Party Transactions 36 Proposal Three – Advisory Vote to Approve Executive Compensation 37 Other Matters 38 Proposals by Shareholders 38 Form 10-K 38 Householding 38 PROXY STATEMENT HAWKINS, INC. 2381 Rosegate Roseville, Minnesota 55113 June 20, 2024 The following proxy statement is furnished in connection with the solicitation of proxies by the Board of Directors (the "Board") of Hawkins, Inc. to be voted at its Annual Meeting of Shareholders (the "Annual Meeting") to be held on Wednesday, July 31, 2024, commencing at 8:00 a.m., Central Time. The Annual Meeting will be completely virtual, incorporating technology designed to increase efficiency and provide greater opportunities for shareholder participation. In addition to on-line attendance, shareholders will have an opportunity to hear all portions of the official Annual Meeting and vote on-line during the open poll portion of the meeting. IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE SHAREHOLDER MEETING TO BE HELD ON JULY 31, 2024 We expect to mail to our shareholders a Notice of Internet Availability of Proxy Materials (the "Notice") on or about June 20, 2024. You may not receive a printed copy of our proxy statement, annual report or a proxy card. Instead, the Notice or another voting instruction form from your broker or nominee (a "VIF") will instruct you as to how you may access and review our proxy statement and annual report electronically. The Notice or VIF will also provide instructions on how to vote online or by telephone or request a full set of printed materials and a physical proxy card for voting by mail. This proxy statement and our annual report can be accessed directly at the Internet address https://materials.proxyvote.com/420261 or at www.proxyvote.com using the 16-digit control number located on your proxy card. You may attend the Annual

: Gender Identity

Part I: Gender Identity Directors 2 6

: Demographic Background

Part II: Demographic Background Asian 1 White 1 6 Director Independence Our Board has determined that, of the director nominees, each of Messrs. Faulconbridge, Spethmann, Thompson and Wright, and Mmes. Schumacher and Tang, are "Independent Directors" as that term is defined under the applicable listing standards of The Nasdaq Stock Market LLC ("Nasdaq"). Accordingly, a majority of our Board is independent. 6 CORPORATE GOVERNANCE Meetings of the Board of Directors Our Board held five meetings during the fiscal year ended March 31, 2024 ("fiscal 2024"). All directors attended at least 75% of the meetings of our Board and the committees on which they served. All directors attended our Annual Meeting of Shareholders virtually in 2023. Our Board encourages, but does not require, director attendance at annual meetings of shareholders. Leadership Structure of the Board of Directors Our Board does not have a policy regarding the separation of the roles of Chief Executive Officer and Chair of the Board, as the Board believes it is in the best interests of the company to make that determination based on the position and direction of the company and the membership of the Board. The positions of Chief Executive Officer and Chair of the Board are not currently held by the same person. This structure allows us to more fully utilize the skills of Mr. Thompson and ensures a greater active participation of the directors in setting agendas and establishing Board priorities and procedures. Board Committees The Board has an Audit Committee, Compensation Committee and Governance and Nominating Committee, each of which is described in more detail below. The current members of each of the committees of the Board are as follows: Board Member Audit Committee Compensation Committee Governance and Nominating Committee Patrick H. Hawkins James A. Faulconbridge (I) M C Mary J. Schumacher (I) M C M Jeffrey E. Spethmann (I) M Daniel J. Stauber Yi "Faith" Tang (I) M Jame

View Full Filing

View this DEF 14A filing on SEC EDGAR